Sander Boon: ‘Central bankers have to lie to the people’

Central bankers basically have to lie to the people about their role and their actions and why they do it. They are trying to keep a system alive that is not functioning anymore. It is one big moral hazard, according to political scientist Sander Boon. In a new GoldRepublic podcast, he explains how central banks lost control over international monetary system based on the eurodollar market.

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Dr. Zijlstra’s Final Settlement: Gold as the Monetary Cosmos’ Sun

Whenever I am in Amsterdam, I go to a bookstore and browse the second-hand shelves in the economics section. Recently I found two books by Dr. Jelle Zijlstra: “Dr. Jelle Zijlstra, Conversations and Writings” (1979, second edition) and “Per Slot Van Rekening” (1992, fifth edition). The latter title is a Dutch figure of speech that may be translated as “The Final Settlement.”

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Trias Pecuniae: A summary

The perspective of a trias pecuniae is about applying Montesquieu’s trias politica to all wealth. A tripartite division of wealth powers consists of the fiscal power, the monetary power and the credit power and they are found with governments, central banks and all houses of credit. By removing future income from the equation of eligible collateral, a tripartite division of wealth powers can be balanced in that all arrangements of credit necessarily become self-liquidating.

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